SHE:301206 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	257.65	324.99	160.29	108.81	489.04	515.72
Short-Term Investments	-	150	2,670	-	-	-
Trading Asset Securities	873.95	123.37	-	-	-	0.33
Cash & Short-Term Investments	1,132	598.35	2,830	108.81	489.04	516.05
Cash Growth	-50.71%	-78.86%	2501.17%	-77.75%	-5.23%	129.38%
Accounts Receivable	97.67	85.5	122.37	80.93	51.11	141.36
Other Receivables	8.27	37.55	277.58	6.55	12.82	21.11
Receivables	105.94	123.05	399.95	87.48	63.94	162.47
Inventory	149.24	174.58	142.71	104.33	96.77	112.16
Other Current Assets	9.76	1,268	15.05	21.2	19.62	14.95
Total Current Assets	1,397	2,164	3,388	321.81	669.37	805.62
Property, Plant & Equipment	1,170	1,147	1,047	987.27	952.98	770.61
Long-Term Investments	42	42.19	53.18	56.01	60.16	-
Other Intangible Assets	73.64	74.67	46.43	47.58	48.73	49.14
Long-Term Deferred Tax Assets	-	-	-	-	-	2.52
Other Long-Term Assets	1,772	990.67	270.33	3,395	3,139	6.27
Total Assets	4,454	4,419	4,805	4,808	4,870	1,634
Accounts Payable	102.1	95.85	175.7	208.57	184.31	542.47
Accrued Expenses	5.71	8.47	8.65	7.69	9.3	6.71
Current Income Taxes Payable	12.84	-	0	-	-	3.4
Current Unearned Revenue	9.08	11.3	4.82	5.18	4.22	11.43
Other Current Liabilities	2.52	2.37	54.51	2.75	9.68	0.8
Total Current Liabilities	132.25	117.99	243.67	224.2	207.51	564.81
Long-Term Unearned Revenue	2.17	2.44	3.51	4.59	0.86	0.99
Long-Term Deferred Tax Liabilities	54.48	59.29	66.87	43.61	40.78	23.03
Total Liabilities	188.89	179.71	314.04	272.4	249.14	588.83
Common Stock	202.33	202.33	202.33	202.33	202.33	101.16
Additional Paid-In Capital	3,517	3,517	3,518	3,518	3,518	72.13
Retained Earnings	605.93	579.83	788.87	815.19	900.84	872.03
Treasury Stock	-60.69	-60.69	-17.6	-	-	-
Comprehensive Income & Other	-0	0.16	-	-	-	-
Shareholders' Equity	4,265	4,239	4,491	4,535	4,621	1,045
Total Liabilities & Equity	4,454	4,419	4,805	4,808	4,870	1,634
Net Cash (Debt)	1,132	598.35	2,830	108.81	489.04	516.05
Net Cash Growth	-50.71%	-78.86%	2501.17%	-77.75%	-5.23%	129.38%
Net Cash Per Share	5.74	3.01	14.02	0.54	2.45	3.40
Filing Date Shares Outstanding	200.7	200	200.45	202.33	202.33	202.33
Total Common Shares Outstanding	200.7	200	200.45	202.33	202.33	151.74
Working Capital	1,264	2,046	3,144	97.62	461.86	240.81
Book Value Per Share	21.25	21.20	22.41	22.41	22.84	6.89
Tangible Book Value	4,191	4,164	4,445	4,488	4,572	996.19
Tangible Book Value Per Share	20.88	20.82	22.17	22.18	22.60	6.56
Buildings	-	216.25	215.87	172.81	138.83	64.98
Machinery	-	1,067	994.69	864.93	786.97	410.28
Construction In Progress	-	137.18	48.65	103.69	125.13	357.27